Question

1.    Identify a product that is currently in the Introduction stage of the Product Life Cycle....

1.    Identify a product that is currently in the Introduction stage of the Product Life Cycle. Explain.

2.    Identify a product that is currently in the Growth stage of the Product Life Cycle. Explain.

3.    Identify a product that is currently in the Maturity stage of the Product Life Cycle. Explain.

4.    Identify a product that is currently in the Decline stage of the Product Life Cycle. Explain.

Homework Answers

Answer #1

Facebook, and, iPod are in the maturity phase of the product lifecycle. The growth phase passes when possessing the product becomes the norm, and, a new technology cannot make the product obsolete.

Recorded TV product lifecycle stages:

  • Introduction stage - Most expensive stage, size of the market small, sales low; 3D TVs
  • Growth stage - Demand accelerates, the size of the market expands rapidly; Bluray discs
  • Maturity stage - Demand level offs, and, grows; DVD
  • Decline stage - Sales drift downwards, product loses appeal, market shrinks; Video Cassette
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Analyze component procurement strategy as a function of the product life cycle. Specially, identify the appropriate...
Analyze component procurement strategy as a function of the product life cycle. Specially, identify the appropriate when a product is at a growth stage, (introduction), maturity (steady state), and end-of-life.
Insert the appropriate life-cycle state in the space provided after each activity (e.g. Introduction, Growth, Maturity,...
Insert the appropriate life-cycle state in the space provided after each activity (e.g. Introduction, Growth, Maturity, Decline). Activities and Market Characteristics Life Cycle Stage Decline in sales _______________ Advertising _______________ Boost in production _______________ Stabilized profit _______________ Competitor's entrance into market _______________ Market Research _______________ Market Saturation _______________ Start Production _______________ Termination of Product _______________ Large Increase in Sales _______________
Consider how a sophisticated buyer can affect the maturity stage of goods’ product life cycle. Can...
Consider how a sophisticated buyer can affect the maturity stage of goods’ product life cycle. Can you provide an example of a good that experienced dramatic decline due to the sophistication of buyers’ knowledge?
1- What are the stages of the product life cycle? How does the stage of the...
1- What are the stages of the product life cycle? How does the stage of the life cycle a product is in affect marketing strategy (e.g., decisions regarding pricing, promotion, place, and product)? 2- Why is services marketing important?
As a product moves through its life cycle its evolution can be depicted using an "S"...
As a product moves through its life cycle its evolution can be depicted using an "S" curve, where the base of the "S" is the introduction stage, and the top of the "S" maturity and decline. As a product moves along the curve, different forms of product related innovation become dominant. (True/False). When a product reaches maturity continued product innovation tends to give way to innovation more focused on process improvements and efficiencies Select one: True False
what stage of the product life cycle is the nissan LEAF in right now? explain?
what stage of the product life cycle is the nissan LEAF in right now? explain?
PLC and the Diffusion of Innovation Identify the stage your product is in on the Product...
PLC and the Diffusion of Innovation Identify the stage your product is in on the Product Life Cycle (PLC).   Then, based on the stage your product is in on the Product Life Cycle, you will identify the consumers you will be targeting in terms of the Diffusion of Innovations.   By using the question above, make the summary by using Nissan Almera as the brand and search Nissan Almera (PLC) and Diffusion of Innovations (300-350 words)
Prepare a​ product-by-value analysis for the following​ products, and given the position in its life​ cycle,...
Prepare a​ product-by-value analysis for the following​ products, and given the position in its life​ cycle, identify the issues likely to confront the operations​manager, and his or her possible actions. Product Alpha has annual sales of 2,000 units and a contribution of $2,000 per​ unit; it is in the introductory stage. Product Bravo has annual sales of 1,500 units and a contribution of $3,500 per​ unit; it is in the growth stage. Product Charlie has annual sales of 3,500 units...
the analysis of Apple Inc.for each product line: Product Category Stage of Product Life Cycle
the analysis of Apple Inc.for each product line: Product Category Stage of Product Life Cycle
During the growth stage of an industry life cycle, the focus is on product innovation until...
During the growth stage of an industry life cycle, the focus is on product innovation until an industry standard or dominant design is established. Once this standard has been set, a firm should do which of the following during the growth stage in order to maintain its competitive advantage(s)? a- Cater to late majority customers. b- Consolidate with rivals. c- Continue focus on product innovation. d- Reinforce position as a differentiator. e- Shift to process innovation focus.